Exxon Mobil has shut down its Joliet refinery in Illinois, a major facility producing approximately 11 million gallons of gasoline and diesel per day, due to power outage issues. This shutdown is expected to contribute to tighter diesel supply in the U.S. Midwest, where diesel prices are already high, hovering around $6 to $6.26 per gallon. The refinery shutdown, following a plant-wide outage and safety flaring, is likely to impact regional fuel availability and may lead to further price increases. Markets are closely monitoring the situation, as this supply disruption could influence crude oil prices and potentially contribute to reaching new all-time highs.
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